PALM gains from RIMM's pain (PALM)

Posted in General 
June 19th, 2009

Palm (Nasdaq – PALM) is up about 3.5% as one of the most actives, after RIMM’s results seemed to reflect increased competition from Palm and its new Pre smartphone offering, despite its $0.04 earnings beat vs. consensus. By all accounts, preorders for the Pre continue to come in strong.

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